Wills and Trusts - Chart 1

1

2

3

4

5

Create a Will

1

Designate an Executor

2

Will Reviewed in Probate After Your Death

3

Assets Distributed

4

Heirs/ Beneficiaries Receive Assets

5

2

3

4

5

3

4

5

1

4

5

2

1

2

5

3

1

2

3

4

Create a Will

1

1

Create a Will

1

Designate an Executor

2

Will Reviewed in Probate After Your Death

3

Designate an Executor

2

Create a Will

1

Assets Distributed

4

Will Reviewed in Probate After Your Death

3

Designate an Executor

2

Create a Will

1

Create a Will

1

Create a Will

1

Create a Will

1

Create a Will

1

Create a Will

1

Designate an Executor

2

Designate an Executor

2

Designate an Executor

2

Designate an Executor

2

1

1

1

1

1

2

2

2

2

2

5

5

5

5

5

3

3

3

3

3

Heirs/

Beneficiaries Receive Assets

5

Will Reviewed in Probate After Your Death

3

Will Reviewed in Probate After Your Death

3

Will Reviewed in Probate After Your Death

3

4

4

4

4

4

4

Assets Distributed

4

Assets Distributed

Heirs/

5

Assets Distributed

4

Will Reviewed in Probate After Your Death

3

Designate an Executor

2

Create a Will

1

5

4

3

2

1

Assets Distributed

4

Will Reviewed in Probate After Your Death

3

Designate an Executor

2

Create a Will

1

5

4

3

2

1

Will Reviewed in Probate After Your Death

3

Designate an Executor

2

Create a Will

1

5

4

3

2

1

Designate an Executor

2

Create a Will

1

5

4

3

2

1

Create a Will

1

5

4

3

2

1